The Greater Mohali Area Development Authority (GMADA) is advancing the development of a new industrial area in Sector 101 of Mohali. This significant initiative involves acquiring around 489 acres across five villages in the district. The industrial area is classified under the ‘orange’ category, corresponding to a moderate pollution index. Landowners affected by this acquisition are offered compensation, with rates varying across different villages. They also have the option to choose between monetary compensation or land pooling. This development is aimed at attracting industrial growth and investment in the region, leveraging the strategic location near the airport and other infrastructure
Land Acquisition: GMADA has acquired approximately 489 acres for the development of this new industrial sector. This significant land acquisition indicates the ambitious scale of the project and its potential impact on the region’s industrial growth.
Infrastructure: The sector is designed with a 100-foot wide outer road and 60-foot wide inner roads. Such infrastructure ensures efficient transport and accessibility, catering to the logistical needs of industrial operations.
Pollution Index Category: Classified under the ‘orange’ category, the sector corresponds to a moderate pollution index. This classification is crucial for maintaining environmental standards and ensuring responsible industrial growth.
Land Pooling Policy: GMADA has utilized a land pooling policy for this project, distributing Letters of Intent (LOIs) to affected landowners. This approach reflects an effort to balance development with the interests of local stakeholders.
How to invest
Under the Land Pooling Scheme, GMADA (PUDA) issues a Letter of Intent (LOI) to landowners, which is a transferable document. This means that landowners have the flexibility to transfer their LOI to another party. Currently, industrial and commercial LOIs are available for new sector 101. Anmol Empire, a leading property consultancy specializing exclusively in GMADA properties, is your go-to source if you’re interested in investing in Durali Sector 101 or purchasing an LOI. For more details, visit the Anmol Empire website or contact them at +91 92566 77777.
Follow us on:-
Website:- chdlife.com
UA-cam:- ua-cam.com/users/chdlife
Facebook:- chdlife
Instagram:- chdlife
Twitter:- chd_life